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Gopal Vittal at Airtel: A stint of multiple challenges, in charts
Livemint
·
8m ago
Medial
Gopal Vittal, the current head of Bharti Airtel in India, will be stepping down in January 2026. During his tenure, Airtel faced numerous challenges, including the entry of Reliance Jio and regulatory issues. However, under Vittal's leadership, Airtel emerged as one of the two leading players in the Indian telecom industry. The company focused on acquiring subscribers, investing in technology, and maintaining profitability. Airtel's financial performance improved, and it successfully managed the transition from 3G to 4G and 5G services. However, the company still faces the challenge of outstanding dues to the government.
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Airtel MD Gopal Vittal to take on some key roles from Sunil Mittal; says no intention to leave Bharti Group
Money Control
·
8m ago
Medial
Gopal Vittal, the Managing Director of Bharti Airtel, will take on additional roles across the group to drive synergy and oversee growth areas. Starting in January 2026, Vittal will become the Executive Vice Chairman, while the current COO, Shashwat Sharma, will step in as CEO. Vittal will mentor Sharma and continue to provide oversight across overseas operations. He will also focus on scaling the telco's digital services, financial services, and data centers. Vittal stated that he remains fully committed to the Bharti Group and has no intention of taking on any role outside of it.
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Need to raise data tariff but no premium for 5G services: Airtel's Gopal Vittal
Livemint
·
1y ago
Medial
Airtel's managing director and CEO, Gopal Vittal, suggests increasing data tariffs in India to reflect the actual value of services. He argues that the current prices for data are too low, despite recent increases, and believes there is an opportunity to raise entry-level tariffs. However, he clarifies that Airtel will not charge a premium for its 5G services and plans to make fixed wireless access (FWA) services available next year, pricing them on par with broadband services. Additionally, Vittal mentions the possibility of diluting equity or listing Airtel Payments Bank in the future.
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Bharti Airtel's majority investments to be in 5G even with limited monetisation: Gopal Vittal
Money Control
·
1y ago
Medial
Bharti Airtel's managing director, Gopal Vittal, stated that the telecom company will focus on investing in 5G technology, even though there is limited monetization potential. Capacity investments in 4G have been halted. Vittal emphasized that tariff repair is necessary for improved return ratios, regardless of the technology driving the improvements. He also highlighted that the pricing architecture in India is flawed, preventing effective monetization. Free 5G data and unlimited plans are creating challenges in this regard. Bharti Airtel reported a consolidated net profit of Rs 2,072 crore in Q4FY24, down 31.1% compared to the previous year.
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Bharti Airtel names Sharat Sinha as Airtel Business CEO
YourStory
·
1y ago
Medial
Sharat Sinha has been appointed as the CEO of Airtel Business, a division of telecom operator Bharti Airtel. Sinha, who previously served as the president of Asia Pacific at Checkpoint Software Technologies, brings a wealth of experience from leading technology companies such as Palo Alto Networks, Cisco, and VMWare. In his new role, Sinha will report to Gopal Vittal, CEO and MD of Bharti Airtel, and will contribute to the company's ambitions in expanding its connectivity and adjacencies portfolio. This appointment follows the restructuring of Bharti Airtel's enterprise arm last year.
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Tariffs 'absurdly low', need substantial repair: Airtel's Gopal Vittal
Livemint
·
1y ago
Medial
Bharti Airtel's CEO, Gopal Vittal, has emphasized the need for a significant increase in tariffs to repair the telecom industry. He stated that the current level of tariffs in India is "absurdly low" and multiple rounds of tariff hikes are required. Vittal believes that average revenue per user (ARPU) needs to reach ₹300, although even at this level, it would still be one of the lowest globally. He added that the pricing and tariffs in India are broken, hindering the monetization of 5G services. Vittal also welcomed Vodafone Idea's recent fundraising efforts and emphasized the need for three strong operators in the market.
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Airtel to steer clear of GPU-as-a-service for now, focus on data centre business
Livemint
·
5m ago
Medial
Bharti Airtel will not pursue GPU-as-a-service in the near term, opting instead to expand its data centers, according to MD Gopal Vittal. The company plans to roll out fixed wireless access (FWA) but will prioritize 5G, homes, and broadband for future investments. Airtel will also sell tower assets to Indus Towers for efficiency and better management. Airtel reported substantial profits for the December quarter, largely due to a one-time gain from Indus Towers' financials.
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Airtel scouts for potential acquisitions in B2B space; eyes deep strategic alliances with top companies
Money Control
·
1y ago
Medial
Bharti Airtel is seeking potential acquisitions in the B2B sector to expand its enterprise business. The company aims to establish deep strategic alliances with top firms, akin to its recent partnership with Google Cloud. Airtel Business witnessed a 14.1% YoY revenue growth in Q1, driven by adjacencies in the large B2B market. Gopal Vittal, Managing Director, revealed that the company is exploring opportunities to strengthen its portfolio and further tap into the growing SME segment. Airtel also mentioned operating private 5G networks and stated that its fixed wireless access service will complement its fiber broadband offerings.
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IIM-B alumna starts marketing agency to support startup needs
Inshorts
·
2m ago
Medial
In April 2019, IIM-B alumna Tamanna Gupta launched Umanshi, a Mumbai-based marketing agency aimed at supporting startups and SMEs. After a long corporate stint, she identified the absence of strategic marketing services for growing ventures with limited resources. Tamanna’s team provides full-stack services including branding, PR, and digital, helping founders solve their key business challenges.
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Axis PE, other backers get a mark-up as Gopal Snacks eyes over $670 mn tag
VCCircle
·
1y ago
Medial
Private equity investors who purchased a small stake in Gopal Snacks Ltd in a pre-IPO secondary transaction last October are set to benefit as the food company prepares to launch its IPO. Gopal Snacks, known for its fried snacks and potato wafers, plans to go public next week. The investors, including Axis PE, are expected to make a significant profit as the company is valued at over $670 million.
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Multiples PE emerges front-runner for majority stake in IT services firm QBurst at around $300 mn valuation
Money Control
·
9m ago
Medial
- Renuka Ramnath-led private equity firm Multiple PE is in advanced stage negotiations to acquire a controlling stake in QBurst, a global IT services firm. - The founders of QBurst are open to diluting a majority stake and are looking at a valuation of around $300 million for the entire firm. - QBurst offers cognitive solutions and custom software development services to micro to large enterprises and has a presence in multiple countries. - QBurst's clients include Airtel, AstraZeneca, Mercedes Benz, National Geographic, and more, and they have partnerships with Amazon, Salesforce, Google, and Microsoft. - The deal activity in the IT services segment has been picking up, with recent acquisitions and investments in healthcare-focused solutions providers.
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